KG: Brace for Crude Oil Technical Bounce & Headlines to Move Wall Street

• Crude oil remains volatile due to Middle East conflict, with a potential for a technical bounce despite current declines.
• February 2026 import and export prices significantly exceeded estimates, indicating broad inflationary pressures beyond just energy.
• The S&P 500 is trading in a range and below its 200-day moving average, while some tech giants like Alphabet are showing negative price action.

The discussion highlights ongoing volatility in crude oil due to geopolitical tensions and Iran's refusal of a ceasefire, suggesting a potential technical bounce for crude. Higher-than-expected import and export prices indicate persistent inflationary pressures, even outside of energy. The market is showing mixed signals, with major indices trading in a range and some tech stocks facing headwinds.